Since 2018 has been started, several big & mid-sized companies hitting the IPO Street and making this year busy for the investors. Companies from insurance, trading, construction, IT, Pharma and healthcare names dominated the list of such big and mid-sized companies.
38 iPOs have already concluded with the IPO fundraising volume of more than INR 77,000 Crore till date, Centrum Broking said in a report.
A little-known stock named Meera Industries – a small name textile industry rose its stock price from INR 36 to 191.5 (431.94% to be precise). Other IPOs like Trident Texofab, Shankara Bldg. Prod, Apex Frozen Foods, Mehai Technology PSP Projects, Share India Sec., etc. would have grown their stock prices by more than 100%.